Asian Supermarket-retail-under Management - Asian Supermarket-under Management-net $5195 P.w.-north West Area

Asian Supermarket-Retail-Under Management - North West Sydney - Agent SBX Code Number: M2190

Supermarket selling Chinese, Japanese, Korean, Malaysia, Philippines etc East Asian products including groceries, snacks, frozen food, soft drinks and daily necessities. No sale of cigarettes. Good margins average 36% of sales. The business is run by management term.

Potential
Promote marketing. Add home delivery. Add wholesale for local restaurants and cafes. Ideal for family business to reduce the wages and make more profit.- Great potential as the area population grows.

Features
Excellent location. No competition. Established 7 years. Under management. Well known by local Asian customers.

Premises
Modern and East Asian style designed shop with an area approx. 350 m2 including store room, office and cool room.

Location
Prime location in North West major shopping centre.

Trading Hours
7 days, 9 am to 6 pm. Thursday till 9 p.m.

Lease
9 years lease commenced June 2017. 5% annual increases. 3 months bank guarantee.

Employees
Under management - One Manager + 3 staff

Comments
Misc.- 1-bank fees, general business expenses. Currently the business is run by management team. A good size Asian supermarket with large rooms to develop to higher level. Suits an investor or an owner operator alike. A sales report is available to review for serious buyers. please do not speak to anyone when visiting the premises. Inspection must be through SBX business brokers.

Agent SBX Code Number: M2190 - Sydney Business Exchange